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The Lotus-Cosworth IndyCar will use the classic Racing Green and Yellow livery used on Lotus Racing cars in the 1950s and 1960s. The new livery will debut at the first USA round of the IndyCar Series, with former F1 driver Takuma Satoat the wheel.

Lotus competed for a number of years in the IndyCar Series in the 1960s, winning the Indianapolis 500 in 1965 with the pioneering Lotus Type 38, driven by Jim Clark. They also narrowly missed victory in 1963 when the car finished second.

Dany Bahar, CEO of Group Lotus said, "Racing has always defined Lotus and on many occasions in motorsports history Lotus' numerous innovations have re-defined racing. It's only fitting that as Lotus Racing re-enters Formula 1, we will also race and innovate again in IndyCar. The Lotus name will, once again, compete in the top two open-wheel racing series."

Kevin Kalkhoven and Jimmy Vasser, owners of KV Racing Technologies said, "We are delighted to be part of Lotus and Cosworth's return to the IndyCar Series, and with Takuma at the wheel of the classic green and yellow Lotus Cosworth race car, we expect to be formidable competitors this year."

Takuma Sato said, "This is fantastic news for everyone. It is exciting for me to be a Lotus driver and I'm really looking forward to great success with this new project."

The return to the IndyCar Series follows the recent announcement by Lotus and Cosworth that they have formed a strategic partnership looking at the opportunity to develop high performance engines for both Lotus road and race cars.